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A post shared on X claims the State Department would buy $400 million worth of Tesla trucks. Verdict: Misleading The State Department, under the Biden administration, said it sought to buy $400 ...
On the campaign trail, Trump touted the virtues of tariffs as a way to raise revenue for the government and bring jobs to the U.S. Trump promised any number of approaches to tariffs, including a ...
The proposed taxes are in addition to earlier campaign promises to impose a baseline 10% tariff on all U.S. imports and a 60% tariff on goods shipped from China, once he takes office.
PolitiFact.com is an American nonprofit project operated by the Poynter Institute in St. Petersburg, Florida, with offices there and in Washington, D.C. It began in 2007 as a project of the Tampa Bay Times (then the St. Petersburg Times), with reporters and editors from the newspaper and its affiliated news media partners reporting on the accuracy of statements made by elected officials ...
During Trump's first three years in office, the number of Americans without health insurance increased by 4.6 million (16%), [8] [9] while his tax cuts favored the top earners, and failed to deliver on its promises, [10] worsened income inequality, and eroded the country’s revenue needed to continue investment to critical programs like social ...
New economic policy promises typically aren't rolled out during the final weeks of a presidential campaign. But that's one more norm Donald Trump and his allies have been upending in recent days.
Zhang Xiaoping, Chinese director for the U.S. Soybean Export Council, said Chinese buyers simply stopped buying from the U.S. [148] On June 15, Donald Trump released a list of $34 billion of Chinese goods to face a 25% tariff, starting on July 6. Another list with $16 billion of Chinese goods was released, with an implementation date of August 23.
President-elect Donald Trump has doubled down on many of his economic promises in the weeks since his victory. In 2025 he will face formidable global players who may have other plans.